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Dec 27, 2012
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talk about what the impact of the fiscal cliff has done to the oil market. take a look at oil prices today. since christmas, we are up about 3%. take a look at the volume. if you look at the volume of trading, and "wall street journal" was onto this first talking about the falloff of volume in november, but it has really continued. take a look at what the normal average volume is and where we are today. by the way, out at the exxon mobil refinery, and caught this caught by the way, is one of the nation's newest refineries. a little news out here as we speak today. they have to report this to the federal government because -- liz: we are having some technical difficulties with jeff flock. working on a solution to the debt crisis. first, some of today's winners, s&p. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open b
talk about what the impact of the fiscal cliff has done to the oil market. take a look at oil prices today. since christmas, we are up about 3%. take a look at the volume. if you look at the volume of trading, and "wall street journal" was onto this first talking about the falloff of volume in november, but it has really continued. take a look at what the normal average volume is and where we are today. by the way, out at the exxon mobil refinery, and caught this caught by the way, is...
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Dec 29, 2012
12/12
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will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved weekend off. i'm t.j. holmes, good to be with you. new this morning, president obama outlining his course of action if we all go off the cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate m
will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved...
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Dec 28, 2012
12/12
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cliff deal can get done. the senate majority leader compares the house speaker to a dictator as the house says it will reconvene sunday. will they get back to talks? reports from nancy cordes and major garrett. we're also facing a dairy cliff. john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all retirees? >> all retirees. and they all get paid the same. >> reporter: nothing. >> nothing. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, everyone.
cliff deal can get done. the senate majority leader compares the house speaker to a dictator as the house says it will reconvene sunday. will they get back to talks? reports from nancy cordes and major garrett. we're also facing a dairy cliff. john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all...
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Dec 30, 2012
12/12
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part of the fiscal cliff is that congress has not done the doc- fix, which is indexed the reimbursement rates on medicare. a 27% reduction and general one if it is not reduced. that means any health care provider providing health care to patients on medicare will have to reduce their services. it will be fixed or attractively, if not before. host: that is the health care law, the charts -- "the new york times" talks about what happens immediately in terms of tax increases. they are talking about payments to medicare providers fallen by 27% if nothing is done in the fiscal cliff action going on. --, while i have you, i want your thoughts -- how much of that sentiment are you seeing out there? guest: a see a lot of it. as a grass-roots organization, we hear from people all across the country. we talk about reducing deficits and having a responsible budget for 20 years. this is actually, it will you go over the cliff and nothing changes, the largest single day of the deficit reduction in world history. it is $600 billion in deficit reduction trust by the turn in the calendar. over the long
part of the fiscal cliff is that congress has not done the doc- fix, which is indexed the reimbursement rates on medicare. a 27% reduction and general one if it is not reduced. that means any health care provider providing health care to patients on medicare will have to reduce their services. it will be fixed or attractively, if not before. host: that is the health care law, the charts -- "the new york times" talks about what happens immediately in terms of tax increases. they are...
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Dec 30, 2012
12/12
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cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance for a deal and what's on the table. >> alison, here in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the hig
cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance...
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Jan 1, 2013
01/13
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we crossed the river into virginia and the fact that the fiscal cliff deal is still not done comes to no surprise from everyone you're about to hear from. we traveled to the north side social in arlington with one goal. we asked people for one word to describe congress. >> one word -- >> you guessed it, nonare flattering. >> dysfunctional. >> stubborn. >> silly. >> watching the 112th congress bicker its way through negotiationings leaves people lime tom disappointed. >> i'm adisappointed. >> people like katherine apathetic. >> it seems like a cycle of nonsense. >> it has gotten worse. >> he's right. this congress will go down as the least productive on record. the bottom line is that members are not putting country first. >> now it is so bipartisan and they are used to beating the other guy. >> which brings us to the next congress and the next fight acoss cross the board spending cuts and the fiscal cliff negotiations delayed for two months. the idea that battle will be different than this one seems -- >> i would like it to. >> laughable. she makes a point that a lot of people make du
we crossed the river into virginia and the fact that the fiscal cliff deal is still not done comes to no surprise from everyone you're about to hear from. we traveled to the north side social in arlington with one goal. we asked people for one word to describe congress. >> one word -- >> you guessed it, nonare flattering. >> dysfunctional. >> stubborn. >> silly. >> watching the 112th congress bicker its way through negotiationings leaves people lime tom...
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Dec 27, 2012
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starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i am. adam: dennis are you starbucks? too bitter. >> you're too sweet. adam: starbucks wants to send a message to lawmakers, notice i ignored that one. message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bed
starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i...
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Dec 31, 2012
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if this fiscal cliff thing is done, i'm going to sleep. however, if it isn't dealt with, your taxes are going to go up. your grocery bill might go up too. the deal that could affect milk prices, next. and a new year's message from washington from one of our viewers. >> my new year's message to washington is this. there are not wealthy enough and corporations to keep you in office. in this light, grow up, govern, and most importantly. support middle class policies. am i on this one? no, no, no, no, no. i am on this one. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. belt-friendly. let's fight fat with alli. learn more, lose more at letsfightfat.com. learn more, lose more are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explai
if this fiscal cliff thing is done, i'm going to sleep. however, if it isn't dealt with, your taxes are going to go up. your grocery bill might go up too. the deal that could affect milk prices, next. and a new year's message from washington from one of our viewers. >> my new year's message to washington is this. there are not wealthy enough and corporations to keep you in office. in this light, grow up, govern, and most importantly. support middle class policies. am i on this one? no,...
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Dec 27, 2012
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people with this term fiscal cliff? >> right. to really get the deal done right you need about 4 troll trillion to get us back on track. that means pro-growth tax reform, entitlement reform and better control of savings of the proposals at this point are not at that level. they're more $2.5 trillion range. we're very anxious to see what the president will put forward in terms of savings and reform. adam: in roughly four days can all of you in washington get this deal done? or is it going to be some kind of a patch with some kind of delay and than we'll deal with the new congress deals with it? >> well, adam i think you're kind of on it there. it would be great if we can get it done. if not let's at least get the framework to set it up and finish it off right away. either way we have to get a deal done before congress gets adjourned or get a deal done in the new congress. there is enough proposals put forward. get the deal we need to get things on track. adam: we should point out i think senator scott brown out of massac
people with this term fiscal cliff? >> right. to really get the deal done right you need about 4 troll trillion to get us back on track. that means pro-growth tax reform, entitlement reform and better control of savings of the proposals at this point are not at that level. they're more $2.5 trillion range. we're very anxious to see what the president will put forward in terms of savings and reform. adam: in roughly four days can all of you in washington get this deal done? or is it going...
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Dec 26, 2012
12/12
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starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . i thought i could ignore i, and i wished it would just go away. [rock music playing] it was my adhd. and like many kids with adhd, i didn't outgrow it. one of the issues i had was not being able to focus. i would read and i would reread the same sentence. you'd re it over and over and over again. and then, five minutes later, i wouldn't know what i just read. it wasn't sticking with me. it wasn't sinking in. and that, to me, was really frustrating. as i got older, i was still having that issue. and that's when i knew i needed to talk to the doctor. announcer: if you were diagnosed with adhd as a kid, you might still have it. find out more. take a quiz at ownyouradhd.com to help recognize the symptoms, like inattention, impulsivity, hyperactivity, then talk with your doctor. i take responsibility for my adhd. it's youadhd. n it. ♪ . adam: not so beautiful if you're caught in a blizzard hit
starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . i thought i could ignore i, and i wished it would just go away. [rock music playing] it was my adhd. and like many kids with adhd, i didn't outgrow it. one of the issues i had was not being able to focus. i would read and i would reread the same sentence. you'd re it over and over and over again. and then, five minutes later,...
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Dec 31, 2012
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number one, they're done with fiscal cliff. >> yeah. >> and also kicking the can down the road. but to your point, that is exactly what's going to happen, and whatever comes out of this deal and whenever the vote happens, this is really barely the start. >> reporter: correct. and i think that folks really need to brace themselves for what's going to be a very contentious next three to four months here on capitol hill. we had an election a few months ago, as you well know, chris. you covered it so much on top of the ball, and a lot of folks thought, okay, that election was going to answer a lot of questions. the president won, he won by 4 million votes. that is sort of the idea where the country is moving. when we do stories, we do those men on the street, and everyone sort of post-election has had this idea of it's time for shared sacrifice. we understand there's going to be some tough decisions made. we're going to have to give. that message has not resonated too much with house republicans specifically here in washington, d.c. they're negotiating very hard until the end becaus
number one, they're done with fiscal cliff. >> yeah. >> and also kicking the can down the road. but to your point, that is exactly what's going to happen, and whatever comes out of this deal and whenever the vote happens, this is really barely the start. >> reporter: correct. and i think that folks really need to brace themselves for what's going to be a very contentious next three to four months here on capitol hill. we had an election a few months ago, as you well know,...
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Jan 1, 2013
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. >>> if bridging the partisan divide wasn't challenge enough, get ready because the fiscal cliff is far from a done deal. vice president joe biden and mitch mcconnell brokered a deal and, yes, it cleared the senate late last night. but no, the republican-controlled house of representatives hasn't voted on this yet. they are going to convene in about 30 minutes. house democratic caucus is meeting in less than an hour while the house gop leaders are meeting at 1:00 p.m. eastern time. both parties undoubtedly laying the groundwork for the fiscal cliff showdown that will unfold between its 435 house members. one of those members is democratic congressman from michigan. he's kind enough to join me. thank you for being with us today. first of all, if you could get me up to speed on the decision to make a decision v you heard anything about the possibility there might be a vote today with your members? >> i haven't heard directly. i think there will be. i think the vote last night in the senate set the stage. it was overwhelming. we're going to have a caucus democrats and republicans will
. >>> if bridging the partisan divide wasn't challenge enough, get ready because the fiscal cliff is far from a done deal. vice president joe biden and mitch mcconnell brokered a deal and, yes, it cleared the senate late last night. but no, the republican-controlled house of representatives hasn't voted on this yet. they are going to convene in about 30 minutes. house democratic caucus is meeting in less than an hour while the house gop leaders are meeting at 1:00 p.m. eastern time....
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Dec 30, 2012
12/12
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>> with congress deadlocked over fiscal cliff negotiations, little else is getting done. one piece of legislation that awaits action is a new farm bill. if it's not passed, the price of milk, which is now $3.54 a gallon, could double. another bill languishing in congress is the emergency funding for states ravaged by superstorm sandy. the senate passed 60.4 billion in aid yesterday, but the house has yet to act. nine weeks after sandy hit, the need for help is immense. >> this is my house, this was my dream, you know, this was the american dream. >> reporter: when hurricanes or floods threaten pedro's house in the past, somehow it always survived. but as sandy belted sta ten island two months ago, correa knew right away this storm was different. >> i looked out the window and seen my car, it was moving. i said wow the win must be really ripping, and i looked closer and it was floating. >> reporter: he had already vaked his wife and two children. he and his brother were trying to save the house. sandy gave them no chance. >> out of the corner of my eye i see my neighbor's
>> with congress deadlocked over fiscal cliff negotiations, little else is getting done. one piece of legislation that awaits action is a new farm bill. if it's not passed, the price of milk, which is now $3.54 a gallon, could double. another bill languishing in congress is the emergency funding for states ravaged by superstorm sandy. the senate passed 60.4 billion in aid yesterday, but the house has yet to act. nine weeks after sandy hit, the need for help is immense. >> this is my...
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Dec 24, 2012
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by going over the fiscal cliff? >> i think one of the things to look at here is that, and you have to look at the back side, is that retailers in respect of inventories, are in the best position possible. also an anniversary of cheaper cotton prices here. revenue i don't think the big story for this segment in 2013. if they can hold on and if the fiscal cliff is really bad and can't hold on, it won't be as negative as other periods. the simple fact that retailers are in much better shape in terms of cost and than they've been in years. if the fiscal cliff is fixed, then have a very strong first half and back half of next year. if it doesn't, we will have a situation that we see at christmas where low sales will not translate to mixed earnings. they will see a lot of margin improvements and upside from there. >> all right. we will leave it there. thank you. i appreciate your time. have a great holiday. >> thank you. >>> up next, hollywood is eyeing what could be the best for the box office ever. pushing towards the f
by going over the fiscal cliff? >> i think one of the things to look at here is that, and you have to look at the back side, is that retailers in respect of inventories, are in the best position possible. also an anniversary of cheaper cotton prices here. revenue i don't think the big story for this segment in 2013. if they can hold on and if the fiscal cliff is really bad and can't hold on, it won't be as negative as other periods. the simple fact that retailers are in much better shape...
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Dec 28, 2012
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can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you know what is happening at the meeting. if the president calls congressional leader to the white house it's all political theater or they have a deal. my bet it's all political theater. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives to get what they want. >>> and while it's true that the
can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you know what is happening at the meeting. if the...
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Dec 24, 2012
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lawmakers are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass a bill with just republicans. on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want, that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead
lawmakers are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass...
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Jan 1, 2013
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cliff." the one final hurtle to cross in the next couple of hours. >> reporter: tens of thousands lined up on the embarcadero to take in the new year's eve fireworks but police say some celebrations turned violent. we'll have the details in a live report. >>> and a ritzy new york couple busted with weapons and a bomb stash. but that's not all. the book that has police so concerned. keep it right here. we'll be back. ,,,, p [ female announcer ] pillsbury crescents on their own are fantastic but add some sauce, pepperoni and cheese and fold up the crescent dough...and presto! tuesday night just became crescent pizza pocket-tastic pillsbury crescents. let the making begin here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits dance class, shopping, and more. so do something nice for it. chevron with techron. care for your car. i'm grace lee michelle has the >>> america rings i
cliff." the one final hurtle to cross in the next couple of hours. >> reporter: tens of thousands lined up on the embarcadero to take in the new year's eve fireworks but police say some celebrations turned violent. we'll have the details in a live report. >>> and a ritzy new york couple busted with weapons and a bomb stash. but that's not all. the book that has police so concerned. keep it right here. we'll be back. ,,,, p [ female announcer ] pillsbury crescents on their...
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Jan 1, 2013
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. >>> congressional leaders have steered away from the "fiscal cliff." there is still no guarantee they went take the plunge. cbs reporter tara mergener joins us live from washington with the work that still needs to be done. >>> reporter: good morning, frank and grace. as of midnight eastern time, we were technically over the "fiscal cliff." now, as you said, congress, the senate, rather, did pass a scaled-back version. but it's setting the substantial now for a showdown in the house. >> reporter: in the early- morning hours of new year's day, the senate began voting on a bill to avoid the so-called "fiscal cliff." >> the bill as amended is passed. >> reporter:
. >>> congressional leaders have steered away from the "fiscal cliff." there is still no guarantee they went take the plunge. cbs reporter tara mergener joins us live from washington with the work that still needs to be done. >>> reporter: good morning, frank and grace. as of midnight eastern time, we were technically over the "fiscal cliff." now, as you said, congress, the senate, rather, did pass a scaled-back version. but it's setting the substantial now...
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Dec 31, 2012
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on the fiscal cliff? from washington to all around the country americans are fed up. >> this whole thing is a national embarrassment, an embarrassment to the president, an embarrassment to both sides of the aisle and both the house and the senate. >> the election is over. you got your seats. you're re-elected. congratulations. you have a job. now work and do it. >> fiscally irresponsible decision trying to please everyone and you please no one at all. >> they've got to work together. >> they appear to be very self-centered. >> joining me now retired admiral and former democratic congressman joe sestak of pennsylvania and msnbc contributor and former bush/cheney senior adviser robert trainum. kelly o'donnell has just reported some of the latest information. we heard there was progress overnight and we understand vice president biden and republican leader mitch mcconnell exchanged phone calls until about midnight and their aides then continued to work and we've been reporting the various areas of progress i
on the fiscal cliff? from washington to all around the country americans are fed up. >> this whole thing is a national embarrassment, an embarrassment to the president, an embarrassment to both sides of the aisle and both the house and the senate. >> the election is over. you got your seats. you're re-elected. congratulations. you have a job. now work and do it. >> fiscally irresponsible decision trying to please everyone and you please no one at all. >> they've got to...
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the clock is ticking and there's now less than 48 hours to get a fiscal cliff deal done. so can a compromise be reached before your wallet takes a hilt. the anchor of fox news sunday, a guy who knows his biz, chris wallace weighing in this hour. >> dave: maybe wake them up over on capitol hill. good news for the bush family, former president george h.w. bush is now out of intensive to be doing much better and we'll update his condition. >> clayton: and let me pull the spectacles off for this one. a newspaper publishing gun owners names not backing down. and what county they have now. >> dave: and put the glasses on to read. >> clayton: put them on for this part. "fox & friends" hour three starts right now. >> juliet: yes. ♪ >> here, i just looked at my twitter and it's blowing up with people yelling at me for having my tissues behind here. >> dave: etiquette, juliet in for ali. >> juliet: first of all, i have a cold. i can't reach back like this to grab my tissue box, i take a few and put them right here. everybody okay with that? everybody okay with that. >> clayton: t
the clock is ticking and there's now less than 48 hours to get a fiscal cliff deal done. so can a compromise be reached before your wallet takes a hilt. the anchor of fox news sunday, a guy who knows his biz, chris wallace weighing in this hour. >> dave: maybe wake them up over on capitol hill. good news for the bush family, former president george h.w. bush is now out of intensive to be doing much better and we'll update his condition. >> clayton: and let me pull the spectacles off...
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Dec 28, 2012
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cliff as he has done in persuading the american people that it's a good idea to tax the rich. senator corker has done some good work over the last several months in a variety of areas on the fiscal matters. but a proposal of his has subtracted my support in which he will subscribe today is a proposal to help make the medicare program solvent by reducing the growth of out of control spending by nearly a trillion dollars in exchange for the request for the president for a 1 trillion over increase in the debt limit. taking these provisions together over the next few weeks would provide certainty for the economy and would be the linchpin for the budget agreement that would get the economy going again. republicans have said and the two of us have said we are ready to do a whole variety of things to get a budget agreement, but we have to have someone address the medicare fiscal cliff for the seniors and soon thereafter young americans are going to be pushed over the cliff and they are going to look back at us and wonder why we didn't do anything. so i'm proud to join senator corker
cliff as he has done in persuading the american people that it's a good idea to tax the rich. senator corker has done some good work over the last several months in a variety of areas on the fiscal matters. but a proposal of his has subtracted my support in which he will subscribe today is a proposal to help make the medicare program solvent by reducing the growth of out of control spending by nearly a trillion dollars in exchange for the request for the president for a 1 trillion over increase...
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cliff" plunge at midnight eastern time. >> i'm willing to get this done. i need a dance partner. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going to college should stay in place. that would help families pay for tuition costs that continue to rise across the nation. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax for social security. it is going up 2% starting tomorrow and that means if you earn $100,000 a year, you'll pay an extra $2,000 next year out of your paycheck. so it is possible but not probable that the
cliff" plunge at midnight eastern time. >> i'm willing to get this done. i need a dance partner. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay...
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. >> they avoid the fiscal cliff so far but it is far from a done deal in the house. what does it mean for struggling economy? >> up first around the world people are ringing in the new year. in shanghai they set it off with fireworks. a whole lot of them. also a laser light show to showcase tradition and technological advances. celebrations taking part in due by. douche /* lit up the sky and the world's tallest building. byi big ben struck 12 in england as well. next to iran where military drills continue for a fourth straight day. iranian officials say their military tests fired a range of weapons yesterday including the new air defense system seen here. a scary scene in brazil rescue crashes right into the water. this is in rio de janeiro. they managed to make it out okay the swimmer was also saved a surfer. >> wow. >> oo in with the new year out with the old in the big apple. look at times square with the clean upfrom last night's new year's eve if he is tiffities is still underway. 2,000 pounds of confetti blew through the air after the ball dropped that means a
. >> they avoid the fiscal cliff so far but it is far from a done deal in the house. what does it mean for struggling economy? >> up first around the world people are ringing in the new year. in shanghai they set it off with fireworks. a whole lot of them. also a laser light show to showcase tradition and technological advances. celebrations taking part in due by. douche /* lit up the sky and the world's tallest building. byi big ben struck 12 in england as well. next to iran where...
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the fiscal cliff. -- senator barbara boxer. >> we can sit here and watch what is happening. we know that there are negotiations going on to avert at least part of the fiscal cliff. i want to say, and i have said this privately and publicly that i really hope our leaders can find a way out of this. i watched the president's speech today and i thought, as usual, he was very fair in what he said. what he basically said it is it is the middle class who grows this economy, the middle class needs to be lifted up, the middle class to cannot afford the tax hikes down those at the very top can give just a little bit more. it is a very simple point. i just would hope, given that everyone says it is not about class, and i know they say that every day on the other side of the aisle. finding this compromise will not be inclusive but will come to pass. . you you know, i have been here for a while. my understanding is we have not met between -- christmas and new years since 1962. it takes something of major proportio
the fiscal cliff. -- senator barbara boxer. >> we can sit here and watch what is happening. we know that there are negotiations going on to avert at least part of the fiscal cliff. i want to say, and i have said this privately and publicly that i really hope our leaders can find a way out of this. i watched the president's speech today and i thought, as usual, he was very fair in what he said. what he basically said it is it is the middle class who grows this economy, the middle class...
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on the fiscal cliff. negotiations continuing behind closed doors to avoid some of the the most painful tax hikes and spending cuts in our nation's history. at least one republican congressman believes the president really wants the nation to go over the cliff, he so tax rates can rise. joining me now for his take on what's going on, live from the hill right now, house budget committee member, republican south carolina congressman mick mullvaney. thank you for being with us. >> thanks for having me. >> harris: this would be quite an acting job if he really in the end wants us to go off the cliff. >> politicians are good actors. and not only the last couple months, but years, his omb, budget, the money necessary to run the programs he wanted and nancy pelosi tells me there are members in her caucus wants taxes to go up and howard dean not shy saying that taxes should go up on everyone for months. there's a major part of the democrats who want the rates to go up and are public about it. the question, does th
on the fiscal cliff. negotiations continuing behind closed doors to avoid some of the the most painful tax hikes and spending cuts in our nation's history. at least one republican congressman believes the president really wants the nation to go over the cliff, he so tax rates can rise. joining me now for his take on what's going on, live from the hill right now, house budget committee member, republican south carolina congressman mick mullvaney. thank you for being with us. >> thanks for...
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they're not -- you know, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in january 1. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the se
they're not -- you know, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in january 1. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and...
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by the time we get done today, especially on the fiscal cliff talks, we're going to be up about 14% in the s&p 500. the leaders in that were, of course, financials, tech and consumer discretionary. they performed very, very well. liz: exactly. we just talked banks. we are 22 minutes from thatt3 closing bell ringing. do you have a sense of where we go in the fist three months of 2012 plus or minus -- 2013, rather? >> i wish i could, but i can almost guarantee you this, we're going to have a lot of volatility the first two months because despite whatever deal we get done today if they get something done by midnight or the first two days of the few congress, we've got a bigger discussion that's looming, and that's on the debt ceiling. so you're going to see the republicans, they're going to cave just to keep the tax increases from going up. but they're going to hold that over the democrats' heads when it comes to the debt ceiling. liz: keith, tell the traders from all of us at fox business we wish you a happy new year. >> will do, and the same to you all. liz: thank you very much. a bit o
by the time we get done today, especially on the fiscal cliff talks, we're going to be up about 14% in the s&p 500. the leaders in that were, of course, financials, tech and consumer discretionary. they performed very, very well. liz: exactly. we just talked banks. we are 22 minutes from thatt3 closing bell ringing. do you have a sense of where we go in the fist three months of 2012 plus or minus -- 2013, rather? >> i wish i could, but i can almost guarantee you this, we're going to...
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we'll talk about what is coming up on the fiscal cliff. have you got your holiday shopping done yet? are you done? >> gretchen: i am waiting for three things to come in the mail that they might not arrive. >> i an alert said winter weather causing shipping delays. >> if you are worried about your packages in christmas eve, you delayed yourself. >> gretchen: blame the weather guy. l>> i ordered it on friday. >> gretchen: merry christmas . still no deal in sight just more of the same way blame game . e week before the taxes are going to sky rocket. steve is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,
we'll talk about what is coming up on the fiscal cliff. have you got your holiday shopping done yet? are you done? >> gretchen: i am waiting for three things to come in the mail that they might not arrive. >> i an alert said winter weather causing shipping delays. >> if you are worried about your packages in christmas eve, you delayed yourself. >> gretchen: blame the weather guy. l>> i ordered it on friday. >> gretchen: merry christmas . still no deal in...
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fiscal cliff. we showed you aá](ny calculatoro help you estimate how much your taxes will go up. we'll take a look at how spending cuts will impact californians, in the bay area. >> mark, thank you. >> our other top story is the weather. another storm system hitting parts of the bay area, reservoirs are now at capacity because of the rain. >> here is a live look from our camera. looking north at the bay, and you can see there is cloud cover there. sandhya patel is tracking the storm's path on doppler 7 hd. >> i want to show you where sit raining now. not everyone is seeing moisture reaching the ground. as we take a look, you'll see where the moisture is actually reaching the ground. it's in the north bay. as we look from clover dale towards yu kaia, we're seeing light to moderate rain, eastside road taking you down to street level here, highway 101, there is some more moisture out here, but before we goat that, let's take you in tighter here, and you'll see that like i said, not all of this is rea
fiscal cliff. we showed you aá](ny calculatoro help you estimate how much your taxes will go up. we'll take a look at how spending cuts will impact californians, in the bay area. >> mark, thank you. >> our other top story is the weather. another storm system hitting parts of the bay area, reservoirs are now at capacity because of the rain. >> here is a live look from our camera. looking north at the bay, and you can see there is cloud cover there. sandhya patel is tracking...
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i would ask our representatives, our senators, our president not to take this over the fiscal cliff, but get something done and take care of us in a sensible way instead of waiting to the last minute on all these different issues. thank you for my time. host: thank you. another comment on our #fiscalcliff, "congress is so incompetent, i hope everyone is so happy about who they voted for in november." the 112 congress will be wrapping up this week. the 113th congress will be in on january 3. we have a number of news reports of. this is about what is going on behind the scene. senator tom harkin weighing in on this on the senate floor. >> i was disturbed to read in the washington post this morning that some kind of agreements are being made here, somehow that democrats have agreed to raise the level from two lenders $50,000 to $450,000 -- from $250,000 to $450,000 and there was an agreement reached that we keep the estate taxes at the $5 million level at 35%. all i can say is, democrats do not agree with that. not at all. what it looks like is it looks like all of the tax things will b
i would ask our representatives, our senators, our president not to take this over the fiscal cliff, but get something done and take care of us in a sensible way instead of waiting to the last minute on all these different issues. thank you for my time. host: thank you. another comment on our #fiscalcliff, "congress is so incompetent, i hope everyone is so happy about who they voted for in november." the 112 congress will be wrapping up this week. the 113th congress will be in on...
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cliff deadline. >> the leadership has again in good faith. just we're apart on some pretty big issues. >> i'm willing to get this done. but i need a dance partner. >> ama: the democratic controlled senate must reach an agreement before the republican controlled house can reach any deal. tomorrow night automatic spending cuts go into effect and everyone's tax bill will increase. >> our top priority has to be to make sure that tacks on middle class family does not go up. that would hurt our economy badly. >> one of the major sticking points appear to be where income tax increases should kick in. they waivered from $250,000 to as high as $1 million. >> tried to give police the slip and then disappeared. the family launches their own effort to find him. >> a bay area county is hosting a gun buyback program with a twist, and areles asking people to turn in an item that might be in your living room right now. >> thrill be rain for the last day of the gleer we'll look at the seven-day forecast coming up. >> later, the scoop about a possible new proj
cliff deadline. >> the leadership has again in good faith. just we're apart on some pretty big issues. >> i'm willing to get this done. but i need a dance partner. >> ama: the democratic controlled senate must reach an agreement before the republican controlled house can reach any deal. tomorrow night automatic spending cuts go into effect and everyone's tax bill will increase. >> our top priority has to be to make sure that tacks on middle class family does not go up....
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after weeks of back-and-forth bickering we may have a deal on the "fiscal cliff." it is not literally the 11th hour but it's close. according to a democratic aide who says the white house has reached an agreement with congressional republicans, is essentially a done deal but let's get the latest. cbs reporter randall pinkston joins us live from capitol hill with the details. randall. >> reporter: brian, just minutes ago we saw vice president joe biden's motorcade arrive on the grounds of the nation's capital. he is in there right now briefing members of the democratic caucus about the details and here are some of those details. the sequester which is supposed to take place tonight the automatic spending cuts have been put off for two months to give democrats and republicans, the white house and congressional leaders time to work out a longer deal. but right now, they have one that will at least avoid the nation and the economy going off that so-called "fiscal cliff." the senate is close to a deal as the clock ticks toward midnight and the nation teeters on the edge
after weeks of back-and-forth bickering we may have a deal on the "fiscal cliff." it is not literally the 11th hour but it's close. according to a democratic aide who says the white house has reached an agreement with congressional republicans, is essentially a done deal but let's get the latest. cbs reporter randall pinkston joins us live from capitol hill with the details. randall. >> reporter: brian, just minutes ago we saw vice president joe biden's motorcade arrive on the...
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and there's a new call for a vote on that senate deal to avoid the fiscal cliff. but it looks like the senate is done for now. >> the survivor of the massacre at sandy hook are preparing to take a new step towards returning to life in the classroom. >>> flames devour a church on new years's day. but it i might the faithful to come together. good evening and happy new we are. i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now the country remains without a deal on the fiscal cliff. although the senate's solution passed by an overwhelming majority this morning, the process has come to a screeching halt on the house side. the number two republican in the house, virginia congressman eric cantor, says he cannot support the bill as it stands now. many republicans say that they are upset the bill doesn't do much to cut federal spending. democrats are demanding the vote but house speaker john boehner has not agreed to let members vote or amend the bill. >> that's fair enough. some have principled opposition. you also have to be pic
and there's a new call for a vote on that senate deal to avoid the fiscal cliff. but it looks like the senate is done for now. >> the survivor of the massacre at sandy hook are preparing to take a new step towards returning to life in the classroom. >>> flames devour a church on new years's day. but it i might the faithful to come together. good evening and happy new we are. i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now...
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despite the fiscal cliff worries. and you got to see it get handled. if you saw the house not pass this, or you all of a sudden saw some controversy with amendments in the like and two competing versions of this bill and this drags on, i think you could see the stock market take a tumble and that's something members of congress have told us, they like to avoid that. they rep t.a.r.p. and the bank bailout and the stock market didn't like it when they didn't pass the bank bailout in first place, that's a fresh memory for them. >> christine romans, thank you for keeping an eye on all of this. so much to keep an eye on, thanks. >>> as we wait for republicans to speak, the vice president playing a huge role in getting this deal done. but does joe biden have the pull to actually get it through the house. >>> plus, i'll speak live with the attorney for one of the very first pot clubs in colorado. just opened after voters approved a new marijuana law. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report
despite the fiscal cliff worries. and you got to see it get handled. if you saw the house not pass this, or you all of a sudden saw some controversy with amendments in the like and two competing versions of this bill and this drags on, i think you could see the stock market take a tumble and that's something members of congress have told us, they like to avoid that. they rep t.a.r.p. and the bank bailout and the stock market didn't like it when they didn't pass the bank bailout in first place,...
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going over the fiscal cliff. meanwhile, the president talked about it today. >> democrats and republicans in congress have to get this done. but they are not there yet. they are close. but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you are supposed to do, they will use that second. >> we will continue to work on finding smarter ways to cut spending but let's not let that hold up and protect americans from the tax hike to take place in ten hours. ten hours from now. we can do this. we must do this. >> bret: it's not clear whether they can. it's not clear whether that is all of them believe they must. bring in the panel. jonah goldburg. kirsten powers if for daily beast. syndicated columnist charles krauthammer. begin with the president's statement today that happened mid-day. he framed it as ed henry said as campaign style event. middle class families behind him. didn't have a lot of details and has had the
going over the fiscal cliff. meanwhile, the president talked about it today. >> democrats and republicans in congress have to get this done. but they are not there yet. they are close. but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you are supposed to do, they will use that second. >> we will continue to work on finding smarter ways to cut spending but let's not let that hold...
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with the house reconvening to help the nation avoid the fiscal cliff, remember that disasters affect every region of this nation and that we as a nation stand together in times of crisis. house g.o.p. speaker john boehner has signaled he supports sandy aid. but his spokesman says that the speaker has not decided whether or not to bring up this bill in this session of congress, which ends on thursday. if they don't take it up by thursday, the senate bill will expire and the new congress will have to start all over again. >> eric: all right. thanks. >> coming up, russia has banned adoptions by u.s. families. coming up, we will speak with a couple in the process of adopting this little boy, about their ordeal and how right now, they can't bring him home and give him the life that they say he deserves. >> eric: we will give smuadvice about how young people can start now for planning for their retirement. that's right, without breaking the bank. advice on building, not breaking your nest egg, as you get older. >> we are just 48 hours away from new year's eve. why is all that confetti fall
with the house reconvening to help the nation avoid the fiscal cliff, remember that disasters affect every region of this nation and that we as a nation stand together in times of crisis. house g.o.p. speaker john boehner has signaled he supports sandy aid. but his spokesman says that the speaker has not decided whether or not to bring up this bill in this session of congress, which ends on thursday. if they don't take it up by thursday, the senate bill will expire and the new congress will...
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so we've got to get this done. >> in the event congress does not make a deal, here's how the fiscal cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend less on fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the bowl game is all decked-out for the game this afternoon against the u.s. navy academy and arizona state. everyone's spirits are high and the game is bringing a boost for the local economy. >> many are here for an extended weekend. >> two teams really excited to be here and their fans are excited to be here. gosh, i think we are filling up all the hotels in san francisco. >> 33,000 tickets have been sold for the match-up. at&t park can take 40,000 so not at capacity yet. organizers believe it will be another banner year for the hunger goal. it'
so we've got to get this done. >> in the event congress does not make a deal, here's how the fiscal cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend less on fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push...
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. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happened. and on very thin ice. >> the deeper you got out, the more ice was cracking. you just couldn't get to them. >> the rescue mission to pluck a man and a dog from a frozen river. i'm harris faulkner in for shepard smith. and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too late. the president spoke in the white house briefing room just about an hour ago now. he was visibly tense. frustration in his voice. >> america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we are now at the last minute. and the american people are not going to have any patience for a politically self-infl
. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happened. and on very thin ice. >> the deeper you got out, the more ice was cracking. you just couldn't get to them. >> the rescue mission to pluck a man and a dog from a frozen river. i'm harris faulkner in for shepard smith....
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. >> you think about the fiscal cliff and they talk about, okay we're going to get a deal done and it might not be perfect. but you definitely don't expect the price of milk to double. >> the risk of this happening is quite slim. >> reporter: experts down play the dairy cliff. >> dairy producers would love to get twice as much for their milk but it ain't going to happen for a few months. >> reporter: because they say the agriculture department would stall it until congress finally acts. >> we're definitely concerned and we keep our eyes on the market. >> but for businesses like benton's dependent on dairy, even the thought of a price hike sends shivers. >> are these going to escalate as well? i'm sure. >> reporter: ice crime lovers joked, that gave them a good reason to eat more now. 1849 quotas will kick in for spring crops but milk is the most pressing issue because it's year round. debora villalon. >>> an update that we first brought you last night about a shooting in the parking lot of the bay point b.a.r.t. station. the victim an 18-year-old richmond man was driving a white toyot
. >> you think about the fiscal cliff and they talk about, okay we're going to get a deal done and it might not be perfect. but you definitely don't expect the price of milk to double. >> the risk of this happening is quite slim. >> reporter: experts down play the dairy cliff. >> dairy producers would love to get twice as much for their milk but it ain't going to happen for a few months. >> reporter: because they say the agriculture department would stall it until...
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. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's
. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and...
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senate passed a last- minute deal overnight to keep the country from going over that fiscal cliff but this is not a done deal yet. ktvu's kyla campbell is in our washington, d.c. newsroom now breaking down -- this is very complicated exactly where we are right now. >> reporter: the u.s. senate pulled an all-nighter to do its part to avoid automatic income tax hikes and deep government spending cuts but the house has yet to approve the measure. senators barbara boxer and dianne feinstein voted with the majority of the senate to extend the current tax rates for households making less than $450,000 a year and individuals making less than $400,000. but all of us will see less in our paychecks this year. that's because the senate measure did not extend the payroll tax holiday, meaning workers will lose out on another 2% of their pay. the senate move does extend federal unemployment benefits for 2 million americans for one year and it puts a freeze on congressional pay just days after president obama said they should get a raise. but much more is on the line in the coming weeks. the senate
senate passed a last- minute deal overnight to keep the country from going over that fiscal cliff but this is not a done deal yet. ktvu's kyla campbell is in our washington, d.c. newsroom now breaking down -- this is very complicated exactly where we are right now. >> reporter: the u.s. senate pulled an all-nighter to do its part to avoid automatic income tax hikes and deep government spending cuts but the house has yet to approve the measure. senators barbara boxer and dianne feinstein...
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Dec 27, 2012
12/12
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KGO
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to come together and get this fiscal cliff thing done. no word yet on when people get extra lattes, if there is's enough space to write "get your lazy ass off vacation and get this done." [ laughter ] >> willis likes that a lot more. i can hear it in the background. >> i wonder if there's enough room. >> no, i don't know about that. >>> okay, ladies and gents, if you're looking for love, oh, boy, you better have a good credit score. take a look at this. ♪ so hot right now that our designer sun glasses be fogging ♪ >> okay, yeah. we're not going to say we're going after those guys, but it's the credit score guys. "the new york times" is reporting that credit scores are huge and that could be at the top of the list. maybe after looks and personality is credit scores. they interviewed people across the u.s., all under the age of 40, and the newspaper discovered that a low credit score is a deal-breaker when in search of love right now in the economy. so if you don't have your act together, take care of that and maybe you'll find love. >>
to come together and get this fiscal cliff thing done. no word yet on when people get extra lattes, if there is's enough space to write "get your lazy ass off vacation and get this done." [ laughter ] >> willis likes that a lot more. i can hear it in the background. >> i wonder if there's enough room. >> no, i don't know about that. >>> okay, ladies and gents, if you're looking for love, oh, boy, you better have a good credit score. take a look at this. ♪...
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Dec 26, 2012
12/12
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FOXNEWSW
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that predict indeed we'll go over the fiscal cliff and the inaction of congress has the potential of plunging the united states into another recession. that said, they can't afford to becoming a reality. >> so far they have been very fortunate that the markets have not reacted with panic. you have not seen any plunge on wall street and the like but once you go over the cliff, especially if it is not just a matter of a day or two to allow for a house vote, but if it is really the case that politicians here in washington are so dysfunctional, kelly, they can not get the people's business done, i think then you will see a market reaction that, as you describe it, could plunge the country back into recession and it is not just the united states. remember, we're the world leader in terms of so much when it comes to the economy. it could cause worldwide implications. europe already is on the verge of trouble. to have the united states go off the edge would be catastrophic, for the world, for the global economy. kelly: juan, i was talking to a very good friend of mind who lives here in the
that predict indeed we'll go over the fiscal cliff and the inaction of congress has the potential of plunging the united states into another recession. that said, they can't afford to becoming a reality. >> so far they have been very fortunate that the markets have not reacted with panic. you have not seen any plunge on wall street and the like but once you go over the cliff, especially if it is not just a matter of a day or two to allow for a house vote, but if it is really the case that...
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Dec 30, 2012
12/12
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WRC
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fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an internet sensation. the viral video that has millions of people around the world hooked, today, sunday, december 30th, 2012. >>> from nbc news this is "today" with lester holt and erica hill >>> i'm erica hill. >> i'm carl quintanilla. >> all eyes on washington. a number of americans wondering this morning why lawmakers have not yet been able to reach a deal to avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in californi
fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an...
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Dec 31, 2012
12/12
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FBC
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something has to be done. >> forget the fiscal cliff stuff and forget the debt ceiling stuff. the fact is that tomorrow morning, the tax rate, the social security tax rate on every american who works is going up. the medicare tax rate on high income people is going up. the tax on medical devices tomorrow morning, is going up. forget fiscal cliff. taxes are going up almost across the board. give me a quick comment on that. >> well, you know what? this has got to be the first time ever that it's december 31st and i have no idea what i'm going to be making tomorrow in terms of take home pay. you know, if you're a businessman, how do you decide what you're going to do with your business this year, you don't know how much you're going to be paying in taxes. if you're a consumer, how do you decide what you're spending your money on in the upcoming year. the level of uncertainty, i think, is unprecedented, and the fact that it's gone on this long is-- i mean, it's insane, it's really crazy. outrageous, that's what it is. kelly jane, just stay there for a second, please, i've got to d
something has to be done. >> forget the fiscal cliff stuff and forget the debt ceiling stuff. the fact is that tomorrow morning, the tax rate, the social security tax rate on every american who works is going up. the medicare tax rate on high income people is going up. the tax on medical devices tomorrow morning, is going up. forget fiscal cliff. taxes are going up almost across the board. give me a quick comment on that. >> well, you know what? this has got to be the first time...
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Dec 27, 2012
12/12
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MSNBCW
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we have the latest on how the fiscal deal could get done and why house republicans could think their best bet is to take their ball and get home. we will walk the cliff. tom ronafaruhar and ben white. plus, one man could hold the key to a successful second term for president barack obama. senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark 30" with professor, author, and emmy award winner. all that starts in just three minutes.
we have the latest on how the fiscal deal could get done and why house republicans could think their best bet is to take their ball and get home. we will walk the cliff. tom ronafaruhar and ben white. plus, one man could hold the key to a successful second term for president barack obama. senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark...
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Dec 29, 2012
12/12
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KTVU
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. >> you think about the fiscal cliff and they talk about, okay we're going to get a deal done and it might not be perfect. but you definitely don't expect the price of milk to double. >> the risk of this happening is quite slim. >> reporter: experts down play the dairy cliff. >> dairy producers would love to get twice as much for their milk but it ain't going to happen for a few months. >> reporter: because they say the agriculture department would stall it until congress finally acts. >> we're definitely concerned and we keep our eyes on the market. >> but for businesses like benton's dependent on dairy, even the thought of a price hike sends shivers. >> are these going to escalate as well? i'm sure. >> reporter: ice crime lovers joked, that gave them a good reason to eat more now. 1849 quotas will kick in for spring crops but milk is the most pressing issue because it's year round. debora villalon. >>> an update that we first brought you last night about a shooting in the parking lot of the bay point b.a.r.t. station. the victim an 18-year-old richmond man was driving a white toyot
. >> you think about the fiscal cliff and they talk about, okay we're going to get a deal done and it might not be perfect. but you definitely don't expect the price of milk to double. >> the risk of this happening is quite slim. >> reporter: experts down play the dairy cliff. >> dairy producers would love to get twice as much for their milk but it ain't going to happen for a few months. >> reporter: because they say the agriculture department would stall it until...
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Dec 31, 2012
12/12
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MSNBCW
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numbers one and two this year are fiscal cliff and kick the can down the road. now, regardless of today's outcome is the damage already done for congress? whether they come up with a small deal or not here when it comes to the american people, they've already decided congress is useless. >> well, i think those of us who tried to function over the last couple years in congress have been saying that. we can't figure out who even the 10%, who support congress, are. we are totally dysfunctional right now and this is just probably the worst example of it. you know, i heard speaker boehner say a number of times that he doesn't believe in compromise and a lot of republicans say the same thing. they say let's find common ground and act on that. well, there just isn't much common ground. if, in fact, the numbers we're hearing about the senate deal, whether $450,000 threshold or $550,000, that is not a matter of principle. that's just a matter of policy and splitting hairs and differences of dollars. so i think unfortunately we've got a lot of people on the other side of
numbers one and two this year are fiscal cliff and kick the can down the road. now, regardless of today's outcome is the damage already done for congress? whether they come up with a small deal or not here when it comes to the american people, they've already decided congress is useless. >> well, i think those of us who tried to function over the last couple years in congress have been saying that. we can't figure out who even the 10%, who support congress, are. we are totally...